Saudi Arabia has doubled SMEs to 1.2m since 2016, with 400k freelancers and new youth initiatives driving Vision 2030 entrepreneurship and growth
Saudi Arabia
Saudi businesses warned: Up to 25% fines for missing August tax deadline
ZATCA urges Saudi businesses to file tax returns this month
Saudi Arabia set to launch voluntary pension and savings scheme
An IMF team welcomes the move saying the new scheme aims at increasing household savings and potentially reduce remittance outflows
Riyadh Air to serve premium Saudi coffee, dates and ‘cola’ on flights
Riyadh Air announces partnership with leading Saudi brands for premium flavours in the skies
Saudi Arabia’s first cruise line AROYA expands into Mediterranean after debuting in Red Sea
Saudi Arabia’s first cruise ship AROYA has expanded into the Mediterranean less than a year after launch, boosting the Kingdom’s global tourism ambitions
Saudi’s Sadr Logistics inks $66.66mn services contract with Starlinks
The 10-year agreement, signed on August 20, covers the provision of logistics and warehousing services to third parties, beginning in September 2025
EXCLUSIVE: Gaming industry faces risk of ‘burning out’ without Saudi-style infrastructure, says ESL FACEIT CEO
The Kingdom’s approach is in contrast to the gaming industry’s boom-bust cycles, with investments focused on long-term ecosystem development rather than a short-term spectacle
Lenovo’s Saudi expansion to add $10bn to non-oil GDP with new Riyadh HQ in Al Majdoul Tower
Lenovo to open Riyadh HQ in Al Majdoul Tower and launch a Saudi manufacturing facility, projecting up to $10bn boost to non-oil GDP by 2030
Saudi Arabia grants VistaJet license for domestic private flights
Saudi Arabia’s GACA grants VistaJet the first foreign operator certificate for private domestic flights, a milestone in Vision 2030 aviation goals
Saudi Arabia launches Umrah visa platform for international pilgrims
Saudi Arabia launches Nusuk Umrah platform, allowing international pilgrims to apply for visas, book hotels, transport, and services online with ease
Saudi Arabia ranks among top emerging economies in AI readiness
By aiming to attract $20bn in investments and developing regulatory frameworks, the Kingdom is positioning itself at the forefront of AI innovation
The Hospitality Network expands Saudi business with new Riyadh office
It will enable THN to stage meaningful conversations, forge new partnerships, and tailor its solutions to help stakeholders keep pace with the changes
Saudi real estate: Diriyah announces the launch of sales for Aman Residences, Amansamar in Wadi Safar
Diriyah adds to its extensive portfolio of branded residential properties with the launch of Aman Residences, Amansamar in Wadi Safar
Saudi Arabia’s Second Airports Cluster sees 10 per cent passenger growth and 43 per cent cargo surge in H1 2025
International and domestic passenger traffic in Saudi Arabia surpassed 8.6m, while air cargo rose 43 per cent and new seasonal routes boosted connectivity
GCC national income hits $2.14tn in 2023 as exports fall 7 per cent
GCC-Stat data shows national income down 2.7 per cent year-on-year, but non-oil sector posts 6.4 per cent growth, led by finance, transport, and real estate
Saudi Arabia’s Eastern Region attracts $8bn investments across key sectors
Saudi investment projects span tourism, entertainment, sustainability, and urban development, generating SAR2bn ($533m) in annual revenues
Gulf real estate markets power ahead as Dubai, Saudi Arabia and Kuwait post strong sales: Report
Resilient demand across residential, commercial and hospitality sectors lifted prices and transactions during H1